Focus on the 31-year-old Orbis Global Equity fund

one of the oldest of its kind available to South African investors, the Orbis Global Equity Fund has been a favourite among them for a considerable period. Domiciled in Bermuda, it has notched up an annualised 11.4% return since inception in 1990 against a 7.8% benchmark.

The investment house says that whilst medium-term numbers have been lacklustre, it’s optimistic about future returns.

Fund Focus quizzed its management about several of its salient features.

Why should an astute investor wish to invest in your fund?